The impact of COVID-19, oil price war on developing countries
22 March 2020 | 3:44 pm
Developing countries could see their oil and gas income fall by between 50 percent and 85 per cent this year, that's according to a joint statement by the International Energy Agency and OPEC. The global organizations warned that the coronavirus pandemic could have potentially far-reaching economic and social consequences. Steve Osho, Managing Director at Comercio Partners Capital joins CNBC Africa for more.
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A massive defence deal unveiled this week in San Diego saw Australia, the UK and the US strengthen their alliance and revealed that the multi-decade military partnership is chiefly concerned about China.
Since Russia's invasion of Ukraine last year, the German arms manufacturer has seen its share price more than double.
As Chinese leader Xi Jinping begins his three-day trip to Moscow on Monday, all eyes are on how China positions itself in the ongoing war and experts describe the trip as “extremely delicate” for the Chinese President.
Ukraine's National Agency for the Prevention of Corruption has added the Germany-based multinational food wholesaler to its list of "international sponsors of war." Metro is accused of maintaining business with Russia.
The US human rights report has no immediate implications but supports calls for prosecuting allegations of war crimes, after finding all parties to the two-year war complicit.
Ukraine's electricity supply has not collapsed despite Russian attacks on energy infrastructure. Energy supplier Ukrenergo says a mild winter, imports from the EU and more nuclear power have helped.
Since Russia started its war in Ukraine, the EU has made extensive use of its sanction's toolbox. Despite this, sanctioned goods from Europe still seem to find their way to Russia.
The International Monetary Fund (IMF) and Kyiv have reached a staff-level agreement for a $15.6 billion loan which should be finalised in the coming weeks.
Russia's former leader Dmitry Medvedev said if Putin were arrested in Germany, for example, "all our missiles ... would fly to the Bundestag." Meanwhile, Russia has launched a new military satellite. DW has the latest.
Mohamed ElBaradei was director general of the International Atomic Energy Agency (IAEA) from 1997 until 2009. In an interview with FRANCE 24, he reflected on the US-led invasion of Iraq 20 years ago this week, which he opposed. "If I now look in hindsight, it was not really about weapons of mass destruction.
Amnesty International has released its report on 2022, focusing on Russia's war of aggression on Ukraine and the crackdown on protests in Iran. But the situation in Myanmar has also raised concerns.
The Kenyan leader is on a visit to Germany and he called on China to encourage Putin to end the war in Urkaine. He also downplayed the anti-government protests rocking the East African nation as an opposition ploy.
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